As you might imagine, this has caused quite a fire storm in the tech community. DHH at 37Signals chimed in along with Derek Thompson at the Atlantic. Both of them think this move is a bad idea and I have to agree with them. The advantages of remote work far outweigh the costs.
Here are just a few advantages of remote work:
- Talent is global. It is not located in one city or one country. Requiring everyone in one location really limits your options.
- Office space is expensive. Trying to stick with a factory model in the information age is both costly and not very smart.
- Commuting is a big waste of time and it also harms the environment.
- Work flexibility is a competitive advantage. All things being equal, tech workers are going to flock to the employers that give them the most flexibility.
My guess is that in 20 years, a lot more companies will look like 37signals than will look like Yahoo. Just my $0.02. :)